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Reuters reveals Philippines’ Marcos picks ex-military chief and COVID tsar as defence minister – Reuters News Agency
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Reuters reveals Philippines’ Marcos picks ex-military chief and COVID tsar as defence minister – Reuters News Agency

Reuters reported that Philippine President Ferdinand Marcos Jr has chosen a former military chief who led the country’s fight against coronavirus as his new defense minister. Carlito Galvez, 60, headed the Philippines’ COVID-19 task force and as a regional army commander was in 2017 credited with overseeing the defeat of militants loyal to Islamic State,...

Reuters reveals China lifting ban on Didi apps – Reuters News Agency
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Reuters reveals China lifting ban on Didi apps – Reuters News Agency

Reuters exclusively reported that Chinese authorities are set to allow Didi Global’s ride-hailing and other apps back on domestic app stores as soon as next week, in another signal that the country’s two-year regulatory crackdown on the technology sector is ending. Reuters reported the lifting of the new user ban and app resumption for its...

Reuters reveals Russian oil shipped to Asia in Chinese supertankers amid ship shortage – Reuters News Agency
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Reuters reveals Russian oil shipped to Asia in Chinese supertankers amid ship shortage – Reuters News Agency

Reuters exclusively revealed at least four Chinese-owned supertankers are shipping Russian Urals crude to China, as Moscow seeks vessels for exports after a G7 oil price cap restricted the use of Western cargo services and insurance.  The post Reuters reveals Russian oil shipped to Asia in Chinese supertankers amid ship shortage appeared first on Reuters...

Reuters reveals Airlines face hurdles to cashing in on China re-opening – Reuters News Agency
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Reuters reveals Airlines face hurdles to cashing in on China re-opening – Reuters News Agency

Reuters shed light on how U.S. and European airlines will benefit from pent-up demand for travel to China after its recent border reopening, but route approvals, fresh COVID-19 testing rules and not enough large aircrafts remain barriers to rising sales. The post Reuters reveals Airlines face hurdles to cashing in on China re-opening appeared first...

Reuters reveals that India may peg gross borrowing under 16 trillion rupees in 2023/24 – Reuters News Agency
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Reuters reveals that India may peg gross borrowing under 16 trillion rupees in 2023/24 – Reuters News Agency

Reuters exclusively reported that India’s federal government is likely to keep its gross market borrowing below 16 trillion rupees ($196 billion) for 2023/24 as it does not want to destabilise the bond market with any negative surprises. The post Reuters reveals that India may peg gross borrowing under 16 trillion rupees in 2023/24 appeared first on Reuters...

Reuters reveals that India is likely to keep a lid on sugar exports as output dips – Reuters News Agency
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Reuters reveals that India is likely to keep a lid on sugar exports as output dips – Reuters News Agency

Reuters was first to report that India is not looking at allowing more sugar exports, dampening speculation that the world’s biggest producer of the sweetener would permit a second tranche of overseas shipments. Raw sugar futures pared losses and turned positive after the report was published. The post Reuters reveals that India is likely to...